Absolutely there is. It requires the right soundcard. I don't recommend anything but the m-audio 1010LT or similar M-audio cards that have built in routing because they work with minimal headaches and are reasonably priced. There are other ways, but most get frustrated. Years ago mp3car had a nice wiki put together and I had compiled a nice assortment of programs from various users and sources. That has been lost. I started to recreate the info here: